-Loans or grants usually given to a developing country from where the recipient country must use the funds given to purchase goods and/or services from the donor country.
the United States gives tied-aid to Nigerians in 2001, following an earthquake approximately 58% of all of the aid in the world is Tied Aid
(see Debt Crisis)
Costs of Tied Aid:
increases development costs in the recipient country by as much as 30%
reduces the overall value of aid
this video further explains what Tied Aid is, with references to the//World Bank//
Tied Aid
-Loans or grants usually given to a developing country from where the recipient country must use the funds given to purchase goods and/or services from the donor country.approximately 58% of all of the aid in the world is Tied Aid
(see Debt Crisis)
Costs of Tied Aid:
this video further explains what Tied Aid is, with references to the //World Bank//